Briefly about Estonia

Fully realizing the attractiveness of Estonia as an environment for life in general and for doing business in particular, BBCTallinn strives to help its customers develop a positive outlook on this country. In this section, we will try to explain the key advantages one could benefit from, having chosen Estonia as the jurisdiction for founding a business and incorporating a company.

First of all, let us introduce you to this video, which describes the main reasons for starting a business in Estonia:

Why Estonia?

As you could see from the video above, Estonia has a lot of advantages that form an ideal environment for conducting business. In our opinion, the principal arguments in favour of starting a business in Estonia are:

Economic situation

Sustainable GDP growth

Membership in the European Union and the World Trade Organization

Usage of Euro, the common European currency

16th position in the Index of Economic Freedom

Local and foreign investments are treated equally

One of the simplest taxation schemes in the world

No undistributed profits tax

Fifty nine double taxation avoidance agreements in effect

Favourable business environment

Convenient location that ensures easy access to Scandinavian, CIS and Western European countries

Low corruption and bureaucracy level

Simple company incorporation procedure - a company can be registered online within less than 30 minutes

Highly qualified local staff

Most residents of Estonia have fluent command of a second foreign language (usually it's English or Russian)

Well-developed IT structure and digital environment - many official processes can be carried out over the Internet

You can read more about Estonia and company formation in our brochure.